@tradingtitan9586

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76

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46.99

Analysis

349
Correct
164
Fail
176
Pending
7
Ineffective
0
Total Quality
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QQQ
Long Entry 623.8000 2026-01-07 03:32 UTC
Target 635.0000 Fail 620.0000
Risk/Reward 1 : 3
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QQQ
Stocks
Technical
1H
Analysis Predict Bull Market
The analysis focuses on the daily timeframe for NASDAQ (MQ11), E-mini S&P 500 (ES1!), SPY, and QQQ, utilizing technical patterns and options flow data. MQ11 is identified as holding above 25,700, exhibiting higher lows and an ascending triangle formation. A validated breakout above 25,900 is anticipated to propel prices towards 26,400, with a target range of 26,600-26,800. A breach below 25,700 would invalidate this bullish thesis. ES1! presents a similar ascending triangle pattern, maintaining support above 6,950. A sustained break above 6,950 projects a move towards 6,980, followed by an all-time high target of 7,080-7,100. A return below 6,950 would negate the upward projection. SPY is observed within a rising wedge pattern, with significant call walls at 692 (9.8B GEX), 693 (2.4B GEX), 695 (1.6B GEX), and 700 (1.1B GEX). The analysis targets a push to 700, with a breach below 690 acting as an invalidation point. QQQ faces resistance from a downward trendline; however, a break and hold above 625 could lead to 627, then 635 (previous highs), with an extended target of 640 for all-time highs. A decline below 620 would invalidate this bullish trajectory. The overarching short-term market outlook is bullish, contingent on these breakout levels.
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